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Jan 14, 2013 4:00pm EST
the wealth that helps >> this ad about the dangers of socialism makes a big splash before the election, right? it didn't sway the outcome. now the billionaire behind the ad has the latest to say in the brawl in washington. back in a moment. ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. >>> welcome back. this was the stock of the day today. dell spiked after reports the company is in talks with private equity firms. >> it would rank among one of the top of all time. rumor has it that several large banks have been contacted on the possibility of taking dell private. dell says it won't comment on rumors the stock is up 13% into the close. the underlying issue here is the pc ecosystem. dell was the poster child for that. and the pc ecosystem is now falling apart. global sales were down 8% in q3. then again 5% in q4. dell pcs were half of revenue last quarter. laptops down 26% last quarter. desktops down 8%. what's the road in turning things around? networks, servicers, have been doing
Jan 11, 2013 4:00pm EST
the fourth quarter, we had an election, the fiscal cliff and i think -- >> don't forget hurricane sandy. >> yeah, so you can say, hey, orders were a little bit slow but we're starting to see them pick up and every investor will go, yeah, that sounds about right and i think they will give them a pass. low expectations and the pass for the quarter. i think it will be a good quarter. >> rob, let's talk technical. i love technical strategy. how do you charts look to you based on the commentary you just heard on the fundamental side of it? >> maria, it lines up fairly well. if you look at where the weekly indicators are, they tend to track the one to two-quarter shifts and they are still building positively. our view is as you get into the latter part of the first quarter, the market is probably setting up for a more serious correction as you get into q2. one of the things that we're looking at is this rotation that's going on in the market. i think that's really the critical point to be focused on for investors and for viewers out there, and that is this rotation of the global growth themes
Jan 10, 2013 4:00pm EST
the elections that had favorable results in different states to legalize marijuana the stock has gone on a wild ride topping over $200 a share. we'd like to warn investors and viewers that while the company has a $1 billion market capitalization the shares outstanding for public trading known as the float, it's very small. this stock is traded over the counter. it's incredibly volatile sass always the case here on cnbc. do your homework before ever considering buying a stock and know how small the float is the medbox show is with me exclusively. bruce, even your founder has cautioned investors about the stock price before, correct? >> that is correct. maria, thank you very much. it is a pleasure and honor to be on your show and thank you for giving that valid and warning to our investors, appreciate that. >> sure. walk me through how this works. you've got vending machines that sell marijuana. >> technically they are not vending machines. what we do is we provide the safest most secure, most legally complaint way to store, dispense and inventory control prescription pharmaceuticals, including m
Search Results 0 to 2 of about 3